Do we need a National Algorithms Safety Board?

#artificialintelligence 

In the United States, the National Transportation Safety Board is widely respected for its prompt responses to investigate plane, train, and boat accidents. Its independent reports have done much to promote safety in civil aviation and beyond. Could a National Algorithms Safety Board have a similar impact in increasing safety for algorithmic systems, especially the rapidly proliferating Artificial Intelligence applications based on unpredictable machine learning? Alternatively, could agencies such as the Food & Drug Administration (FDA), Securities and Exchange Commission (SEC), or Federal Communications Commission (FCC) take on the task of increasing safety of algorithmic systems? In addition to federal agencies, could the major accounting firms provide algorithmic audits as they do in auditing financial statements of publicly listed companies?

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